$949,000
Under contract-accepting backup offers. Great opportunity to acquire a portfolio of four well-maintained adjacent townhomes in the Cambridge Circle community near UCF. The portfolio consists of four townhomes totaling 3,904 SF with 8 bedrooms, 8 full bathrooms, and 4 half bathrooms, situated on 0.30 acres. Each two-story townhome offers a 976 SF functional floor plan with 2 beds and 2.5 baths, and a private fenced backyard. Units 12057, 12059, 12061, and 12063 are available for purchase individually or together as a four-townhome portfolio.
Roof replaced in 2017. HVAC systems were replaced in 2015 (Unit 12057), 2025 (Unit 12059 and Unit 12061), and 2022 (Unit 12063).
All units feature tile flooring on the first floor. Units 12057 and 12063 have carpet on the second floor, while Units 12059 and 12061 feature new vinyl plank flooring upstairs. All units feature upgraded first-floor windows and sliding glass doors, while the second-floor double-pane windows are original. All units have been updated with stainless steel stoves and refrigerators. Unit 12061 also features upgraded LED lighting.
HOA dues are $72/month for each townhome and include lawn and other common area maintenance. Tenants in all units are responsible for their own electricity, water, internet, A/C filter replacement, and maintenance of the fenced backyard area. All units are separately metered.
Unit 12057 is leased at $1500/month on a month-to-month lease.
Unit 12059 is currently vacant for convenient showings.
Unit 12061 is leased at $1600/month on a month-to-month lease.
Unit 12063 is leased at $1640/month.
The portfolio benefits from strong rental demand, being located in the high-demand East Orlando rental market near UCF (1.8 miles, 5 min), Central Florida Research Park (2.2 miles, 6 min), Publix (1.8 miles, 6 min), and Waterford Lakes Town Center (2.5 miles, 9 min), with convenient access to SR-408 and SR-417. Distances and drive times are approximate.
With Unit 12059 currently vacant, buyers have the flexibility to occupy one unit while collecting rental income from the remaining three units. Also, an excellent opportunity for investors seeking stable rental income and long-term appreciation in a high-demand Orlando submarket. Schedule a showing today!
8
Beds
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8
Baths
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O6415050
MLS
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Units 12057, 12059, 12061, And BLDG.
12057 Tift Circle, Orlando
Listing courtesy of KELLER WILLIAMS REALTY AT THE PARKS. 407-629-4420
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